MY Daily analysis For all currencies 6-3-2012

FOREX ANALYSIS 6-3-2012 at 11GMT

  EUR/USD 

The current trend is a upward trend, it will reach  1.3240, then  1.3280

The stop loss point is 1.3160

if the price reached 1.3160, the trend will be  reversed and the new target will be 1.3130, then 1.3110

   USD/JPY  

The current trend is an upward trend, it  will reach 81.55 , then 81.80

The stop loss point is 81.10

if the price reached 81.10, the trend will be  reversed and the new target will be 80.90, then 80.40

    USD/CHF  

The current trend is an upward trend, it  will reach 0.9160 , then 0.9180

The stop loss point is 0.9080

if the price reached 0.9080, the trend will be  reversed and the new target will be 0.9050, then 0.9020

    USD/CAD  

The current trend is an upward trend, it  will reach 0.9970 , then 0.9990

The stop loss point is 0.9920

if the price reached 0.9920, the trend will be  reversed and the new target will be 0.9890, then 0.9850

      USD/NZD  

The current trend is a downward trend, it will reach  0.8120, then  0.8080

The stop loss point is 0.8230

if the price reached 0.8230, the trend will be  reversed and the new target will be 0.8280, then 0.8310

        GBP/USD  

The current trend is a upward trend, it will reach  1.5890, then  1.5930

The stop loss point is 1.5820

if the price reached 1.5820, the trend will be  reversed and the new target will be 1.5790, then 1.5740

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Forex Exchanging For Beginners

Typically, it is the thrill of hitting a jackpot and earning huge fortunes, which seduces a foreign money investing starter and makes his decisiveness vulnerable. Largely, younger folks enter the world of foreign exchange enterprise with a completely absurd viewpoint.

The word of mouth, the assumptions and the myths regarding this business, all have contributed in portray a picture of foreign exchange enterprise world, which is quite synonymous to a gold mine. This image of the forex dealing for beginners more than typically becomes the only purpose of the losses and the disappointments for them.

To believe that one can predict flawlessly the future of forex business is completely erroneous. Nicely, one can predict the pattern of foreign exchange business, but to rely utterly on a prediction is simply absurd. The rationale to that is that prediction is just a guess in any case! Do not attempt to imitate Octopus Paul, as one improper assessment can drag you in deep water!

One fable replicates into several further misconceptions. The reproduction of the aforementioned myth is the misconception that mathematical formulae have the royal authority over the entire forex market. What the inventors of those absurd ideas fail to understand is that if all this have been true, the market would have been nothing however a puppet, or it could have long been distorted!

Nobody is denying the importance of the scientific tools like Fibonacci calculators. They are clearly quite helpful. However, there has been no calculator or software of the forex buying and selling for novices invented till date which may provide help to in constructing successful future in forex.

Moving on, you will see another false impression extremely believed by the people; arduous work is the necessary thing to success in forex! Well, no one is saying that each one your hard work has been for waste or you ought to not work hard! Mainly, the main idea is to not to calculate your hard work via your working hours, but to depict by the standard of your work and decisions. So, don't pressure your physique for the sake of hard work, as an alternative work hard via your thoughts and turn into successful!

Another fantasy which is sprouting out from all of the above talked about misconceptions is that the newest mechanical foreign exchange system may be like a flooding fountain of capital for an idle forex trader. Excluding the new foreign exchange traders who work their sweat and blood to realize forex earnings, there are various over-assured newcomers who are laidback in nature.

Such victims of over-smartness are mainly dependent upon the automated systems. It doesn't matter what these programs may seem to seem like, they'll by no means all the time be of help in the actual world of foreign exchange trade.

In brief, the buzz around the city about forex dealing for learners is that it is all a chunk of cake! In actuality this cake is simply baked well in the occasion you enter this world with a thoughts which is evident from all the talked about misconceptions concerning the Forex investing for beginners. 

Article Source: http://www.articledashboard.com

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New free FOREX signal EUR/USD 5-3-2012

5-3-2012     at 17:34GMT

SELL

EUR/USD

sell at 1.3221

Take profit  at1.3171

Stop loss at 1.3321

CLOSED at 1.3171
TIME: 2012-03-6   10:03  GMT 
Congratulations

Profit 50  Pip

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New free FOREX signal GBP/USD 5-3-2012

5-3-2012     at 12:20GMT

BUY

GBP/USD

BUY at 1.5822

Take profit  at1.5870

Stop loss at 1.5922

CLOSED at 1.5870
TIME: 2012-03-5   14:01  GMT 

Profit 50  Pip

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The Do's And Don'ts Of Forex Trading

Being new to foreign exchange trading is not bad, but being ignorant about the do's and don'ts of Forex trading can be truly devastating.

Forex trading can mean risking investments, but the results can be very rewarding and fulfilling.

Here are some vital do's and don't to consider in Forex trading that can help you get on your way to making it good in the Forex trading market, it is not gospel truth, but can do so much to help improve the odds to your favor.

Know how to exit from trades. It is just like gambling. If you place a trade and it's not working out for you, get out of it.
Don't complicate the mistake you made by staying in and hoping for a reversal of fortune. On the other hand, if you are venturing into a winning trade, don't talk yourself out of the position just because you are bored or want to relieve stress, stress is just a natural part of trading, so get used to it.

Avoid trading too short-term. If you are hoping to make less profit, don't undertake the trade, since the spread you are trading on will make the odds against you far too high and could be hard to overcome.

Keep it simple. Don't try to convince yourself in complicated processes, analyses or overpower yourself with market reports or statistical data. Just get the feel of the market, ask around and be smart enough to make a crucial decision.

Heads and tails. Not the gamble thing, but the tops and bottoms. Realistically, there are no real "bargains" in forex trading, rather, trade in the direction the price is going in and results will either improve or stacked in your favor.

Try to ignore the incomprehensible technical's. What you need to do is understand the key indicators of price action, whether over-extended long or short. Take note that spikes occur in the market when it is moving along. Just be cautious if the market is tranquil.

Emotional Trading. Without a strategy, your trade concepts are just thoughts and thoughts are emotions, which is a very poor foundation for trading.

Humanly speaking, when we are upset and emotional, we don't tend to make the wisest decisions.

Lastly, confidence comes from successful trading and time-tested experience. If you lost money early in your trading career, your tendency may be to think it too difficult to get back up to regain it.

Source : http://www.freearticles.com

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MY Daily analysis For all currencies 2-3-2012

FOREX ANALYSIS 2-3-2012 at 13 GMT

  EUR/USD  

The current trend is a downward trend, it will reach  1.32000, then  1.3160

The stop loss point is 1.3280

if the price reached 1.3280, the trend will be  reversed and the new target will be 1.3320, then 1.3360

   USD/JPY   

The current trend is an upward trend, it  will reach 81.60 , then 81.90

The stop loss point is 81.00

if the price reached 81.00, the trend will be  reversed and the new target will be 80.80, then 80.30

    USD/CHF   

The current trend is an upward trend, it  will reach 0.9150 , then 0.9180

The stop loss point is 0.9060

if the price reached 0.9060, the trend will be  reversed and the new target will be 0.9030, then 0.9010

    USD/CAD   

The current trend is an upward trend, it  will reach 0.9910 , then 09950

The stop loss point is 0.9840

if the price reached 0.9840, the trend will be  reversed and the new target will be 

0.9810, then 0.9780

      USD/NZD   

The current trend is a downward trend, it will reach  0.8310, then  0.8290

The stop loss point is 0.8370

if the price reached 0.8370, the trend will be  reversed and the new target will be 0.8410, then 0.8440

        GBP/USD   

The current trend is a downward trend, it will reach  1.5860, then  1.5810

The stop loss point is 1.5920

if the price reached 1.5920, the trend will be  reversed and the new target will be 1.5960, then 1.5980

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my daily analysis on EUR/USD 1-3-2012 at 11 GMT

  EUR/USD  

The current trend is an  downward  trend, it  will reach 1.3290 , then 1.3260

The stop loss point is 1.3365

if the price reached 1.3365 , the trend will be  reversed and the new target will be 1.3380, then 1.3410

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Gold Market Analysis today 1-3-2012

Gold Market Analysis today 1-3-2012

at 11 GMT

The current trend is an downward    trend, it  will reach 1685

, then 1665

The stop loss point is 1730

if the price reached 1730, the trend will be  reversed and the new target will be 1755, then 1775

SEE ALL  MY DAILY ANALYSIS ON 1-3-2012

CLICK HERE

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Silver Market Analysis today 1-3-2012

Silver  Market Analysis today 1-3-2012

at 11 GMT

The current trend is an upward trend, it  will reach 36.60

, then 37.80

The stop loss point is 36.50

if the price reached 36.50, the trend will be  reversed and 

the new target will be 35.80, then 35.10

SEE ALL  MY DAILY ANALYSIS ON 1-3-2012

CLICK HERE

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MY Daily analysis For all currencies 1-3-2012

FOREX ANALYSIS  1-3-2012 at 11 GMT

 EUR/USD  

The current trend is an downward  trend, it  will reach 1.3290 , then 1.3260

The stop loss point is 1.3365

if the price reached 1.3365 , the trend will be  reversed and the new target will be 1.3380, then 1.3410

   USD/JPY   

The current trend is an upward  trend, it  will reach 81.30 , then 81.50

The stop loss point is 80.70

if the price reached 80.70, the trend will be  reversed and the new target will be 80.40, then 80.10

    USD/CHF   

The current trend is an upward  trend, it  will reach 0.9060 , then 0.9090

The stop loss point is 0.9010

if the price reached 0.9010, the trend will be  reversed and the new target will be 0.8980, then 0.8930

    USD/CAD   

The current trend is an downward trend, it  will reach 0.9850 , then 0.9820

The stop loss point is 0.9925

if the price reached 0.9925, the trend will be  reversed and the new target will be 0.9975, then 1.0010

      USD/NZD   

The current trend is a downward  trend, it will reach  0.8320, then  0.8290

The stop loss point is 0.8420

if the price reached 0.8420, the trend will be  reversed and the new target will be 0.8440, then 0.8480

        GBP/USD   

The current trend is a upward trend, it will reach  1.5990, then  1.6040

The stop loss point is 1.5895

if the price reached 1.5895, the trend will be  reversed and the new target will be 1.5860, then 1.5820

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